Have We Reached Peak Pinocchio? Fifty Remakes of the Classic Tale Baffle Fans

Have We Reached Peak Pinocchio? Fifty Remakes of the Classic Tale Baffle Fans

Around 50 Pinocchio movies have been released since the classic 1940 Disney film, including, no lie, 1965’s “Pinocchio in Outer Space.” Filmmakers’ unflagging fascination with the wooden boy’s tale may explain why 2022 shaped up as the year America reached peak Pinocchio. Even die-hard fans suspect supply has outrun demand. Three Pinocchio projects have premiered … Read more

Food-Delivery Apps Press to Amend New York City Fee Caps

Food-Delivery Apps Press to Amend New York City Fee Caps

Delivery companies Grubhub and DoorDash Inc. DASH 2.33% are pushing for enactment of a bill in New York City that would amend the city’s cap on the fees they can charge restaurants—a measure the companies say is urgent as a new minimum wage for delivery workers takes effect next year. Grubhub retained a former state … Read more

Restaurant Groups Push to Overturn California Fast-Food Wage Law

Restaurant Groups Push to Overturn California Fast-Food Wage Law

Restaurant and trade groups said they have submitted enough voter signatures for a ballot measure to try to halt the implementation of a new California law that would set minimum hourly wages for fast-food workers in the state starting next year. A coalition of restaurant owners and business groups called Save Local Restaurants said Monday … Read more

Blackstone Stake Sale Values MGM Grand, Mandalay Bay at $5.5 Billion

Blackstone Stake Sale Values MGM Grand, Mandalay Bay at $5.5 Billion

Blackstone Inc. has agreed to sell its 49.9% stake in two Las Vegas hotels in a deal that values the properties at $5.5 billion, marking one of the largest U.S. casino transactions this year. The New York investment firm is selling its stake in the MGM Grand Las Vegas and the Mandalay Bay to Vici … Read more

Elon Musk’s Boring Company Ghosts Cities Across America

Elon Musk’s Boring Company Ghosts Cities Across America

ONTARIO, Calif.—The unsolicited proposal from Elon Musk’s tunnel-building venture arrived in January 2020. To the local transportation authority, it felt like finding Willy Wonka’s golden ticket. Officials had started planning for a street-level rail connection between booming Ontario International Airport and a commuter train station 4 miles away, with an estimated cost north of $1 … Read more

'Vermeer's Secrets' Review: A Master Under the Microscope – The Wall Street Journal

'Vermeer's Secrets' Review: A Master Under the Microscope – The Wall Street Journal

‘Vermeer’s Secrets’ Review: A Master Under the Microscope  The Wall Street Journal

Airbnb Books Record Revenue as Travel Demand Remains Strong

Airbnb Books Record Revenue as Travel Demand Remains Strong

Airbnb Inc. ABNB 2.00% posted its most profitable quarter to date, with record revenue bolstering the case that travel demand remains strong despite continuing challenges from rampant inflation. The home-sharing company said its results were driven by higher bookings in cities, stronger cross-border travel and longer stays. Airbnb said booked third-quarter nights and experiences, or … Read more

Juul Discusses a Possible Bailout With Two of Its Biggest Investors

Juul Discusses a Possible Bailout With Two of Its Biggest Investors

Juul Labs Inc. is in talks with two of its biggest investors on a bailout that could help the e-cigarette maker stave off a bankruptcy filing, according to people familiar with the matter. Hyatt Hotels heir Nick Pritzker and California investor Riaz Valani are considering putting up money to cover the vaping company’s operations and … Read more

Apple, Amazon, McDonald’s Headline Busy Earnings Week

Apple, Amazon, McDonald’s Headline Busy Earnings Week

Amazon. com Inc., Apple Inc. and Meta Platforms Inc. are among the tech heavyweights featured in a packed week of earnings that investors will probe for indicators about the broader economy. Other tech companies scheduled to report their latest quarterly reports include Google parent company Alphabet Inc. and Microsoft Corp. Investors also will hear from … Read more